The first twenty years of the European Central Bank offer a unique insight into how a central bank can navigate macroeconomic insecurity and crisis. This volume

At the beginning of the transition process, the countries of Central and Eastern Europe faced the task of creating a functioning financial system where none had

Comprehensive 200-page overview of the ECB from its inception in June 1998 until the present day.

This collection examines the design of financial systems for central and eastern European countries engaged in the transition to market-based economies. It high